LICOVAL
Dissolution or liquidationFinancials · financial year 2016, full format
Turnover
€6,242
2012 · €0
EBIT margin
34.6%
Net result
-€1,359▲ 3.7%
2015 · -€1,411
Working capital
€36,303▼ 3.6%
2015 · €37,662
Trend over the years
2012 to 2016, 5 financial years 2012 to 2016, 5 financial years
The operating result stays negative: a loss of €1,036 in 2016 against €1,162 in 2015; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€6,242
2013
Operating result-€1,036
2016
Net result-€1,359
2016
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€69,657
2016
Equity€44,506
2016
Debt€25,151
2016
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€36,303
2016
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20122013201420152016
Turnover€0-€6,242
Operating result-€4,777-€2,161-€895-€1,162▼ 29.8%-€1,036▲ 10.8%
Net result-€4,777-€42,418-€15,732-€1,411▲ 91.0%-€1,359▲ 3.7%
EBIT margin34.6%
Equity€20,589-€63,007▲ 206%€47,275▼ 25.0%€45,865▼ 3.0%€44,506▼ 3.0%
Total assets€44,147-€84,244▲ 90.8%€73,411▼ 12.9%€69,657▼ 5.1%€69,657=
Debt€22,792-€21,237▼ 6.8%€26,136▲ 23.1%€23,792▼ 9.0%€25,151▲ 5.7%
Working capital€2,696-€39,072€37,662▼ 3.6%€36,303▼ 3.6%
Staff (FTE)1-
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €69,656
Fixed assets
€29,439 =
Current assets
€40,217 =
Equity and liabilities €69,657
Equity
€44,506 ▼ 3.0%
Debt
€25,151 ▲ 5.7%
Debt's share of the balance-sheet total rises from 34.2% to 36.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
10.27▼
2015 · 15.74
Debt to equity
0.48▲
2015 · 0.46
ROE
-3.1%▲
2015 · -3.1%
ROA
-2.0%▲
2015 · -2.0%
Debt ≤ 1 year
€3,914▲
2015 · €2,555
Debt > 1 year
€21,237=
2015 · €21,237
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | €6,242 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Gross operating margin9900 | -€1,390 | €2,663 | -€743 | - | - | - |
| Operating profit (loss)9901 | -€4,777 | €2,161 | -€895 | -€1,162 | -€1,036 | ▲ 10.8% |
| Recurring financial charges65 | - | - | €95 | €249 | €323 | ▲ 29.8% |
| Profit (loss) for the period before taxes9903 | -€4,777 | €42,418 | -€989 | -€1,411 | -€1,359 | ▲ 3.7% |
| Income taxes67/77 | - | - | €14,742 | - | - | - |
| Profit (loss) for the period9904 | -€4,777 | €42,418 | -€15,732 | -€1,411 | -€1,359 | ▲ 3.7% |
| Profit (loss) for the period to be appropriated9905 | -€4,777 | €42,418 | -€15,732 | -€1,411 | -€1,359 | ▲ 3.7% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44,147 | €84,244 | €73,411 | €69,657 | €69,657 | = |
| Formation expenses20 | €1 | €1 | €1 | €1 | €1 | = |
| Fixed assets21/28 | €39,949 | €29,440 | €29,440 | €29,440 | €29,439 | = |
| Tangible fixed assets22/27 | €39,948 | €29,439 | €29,439 | €29,439 | €29,439 | = |
| Current assets29/58 | €4,198 | €54,804 | €43,971 | €40,217 | €40,217 | = |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1,145 | €43,971 | €43,971 | €40,217 | €40,217 | = |
| Cash at bank and in hand54/58 | €3,053 | €10,833 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44,147 | €84,244 | €73,411 | €69,657 | €69,657 | = |
| Equity10/15 | €20,589 | €63,007 | €47,275 | €45,865 | €44,506 | ▼ 3.0% |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Reserves13 | €577 | €577 | €577 | €577 | €577 | = |
| Profit (loss) carried forward14 | -€4,777 | €37,641 | €21,909 | €20,499 | €19,140 | ▼ 6.6% |
| Provisions and deferred taxes16 | €766 | - | - | - | - | - |
| Amounts payable17/49 | €22,792 | €21,237 | €26,136 | €23,792 | €25,151 | ▲ 5.7% |
| Amounts payable after more than one year17 | €21,237 | €21,237 | €21,237 | €21,237 | €21,237 | = |
| Amounts payable within one year42/48 | €1,502 | - | €4,899 | €2,555 | €3,914 | ▲ 53.2% |
| Trade debts44 | - | - | - | - | €1,036 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,777 | €42,418 | -€15,732 | -€1,411 | -€1,359 | ▲ 3.7% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | -€4,777 | €42,418 | -€15,732 | -€1,411 | -€1,359 | ▲ 3.7% |
| Investment in fixed assets (approximation) | - | €10,509 | €0 | €0 | €1 | - |
| Change in cash | - | €7,780 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2016 | full format | 03-07-2017 | 2017-26200188 |
| 31-12-2015 | full format | 09-10-2016 | 2016-65400543 |
| 31-12-2014 | full format | 23-09-2015 | 2015-60100402 |
| 31-12-2013 | full format | 23-06-2014 | 2014-20800027 |
| 31-12-2012 | full format | 22-04-2013 | 2013-09100574 |
| 31-12-2011 | full format | 02-07-2012 | 2012-23200289 |
| 31-12-2010 | full format | 07-06-2011 | 2011-14200488 |
| 31-12-2009 | full format | 26-06-2010 | 2010-22600426 |
| 31-12-2008 | full format | 13-06-2009 | 2009-22300214 |
| 31-12-2007 | full format | 14-07-2008 | 2008-39500324 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.